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5636 RESOLUTION NO 5,636 A RESOLUTION GRANTING A FRANCHISE TO PARK INVESTMENT COMPANY TO CONSTRUCT A LEVEE ACROSS CERTAIN LANDS OWNED BY THE CITY; AND FOR OTHER PURPOSES BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1. Park Investment Company of Little Rock is hereby granted a franchise to construct a flood control levee across certain lands owned by the City of Little Rock, the description of said lands being : A strip of land 40 feet in width, in the NW4, NW4 Section 19, T-1-N, R-12-W, the centerline of which is described as follows : Commence at the Southeast corner of the NE4, NE4, Section 24, T-1-N, R-13-W; thence S 88 ° 10 ' W, 246.4 feet to a point on the East Right-of-way line of University Avenue; thence N 5 ° 24 ' E along the East Right-of-way line of said University Avenue 568 .6 feet to a point; thence S 84 ° 36 ' E, 330 feet to the point of beginning; thence N 5 ° 24 ' E a distance of 100.0 feet. SECTION 2 . Said franchise is granted subject to the following restrictions : 1. The toe of the levee be located 100 feet from the center- line of Rock Creek. 2 . The owner agrees to remove the levee from said City owned property at his expense should the need therefor arise upon sixty days written notice by the City and the property restored to its condition at the time of the granting of this franchise. The owner of said property shall comply with all building code and zoning rules and regulations and fire prevention codes of the City. SECTION 3 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: December 7, 1976 ATTEST: 4141-4/ APPROVED: , ihiL1111/47 ity Clerk May."